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On CAPS, 96% of the 842 members who have rated Siemens believe the stock will outperform the S&P 500 going forward. These bulls include mwlove and fellow Fool Rich Smith (TMFDitty), who is ranked in the top 1% of our community.

Earlier this fall, mwlove tapped Siemens as a timely turnaround opportunity: "A solid industrial with a great dividend. Beaten-down in recent months, but ready to rise again."

In fact, Siemens currently sports a cheapish P/E of 10.4. That represents a discount to industry peers like ABB (13.6), General Electric (13.2), and United Technologies (13.7).

I'm suspicious of the 33% growth rate that Yahoo Finance is quoting on this stock. That said, 12 times free cash flow is not too high a price to pay for Germany's "mini-GE." And the company pays me a nice 4.1% divvy while I wait for Mr. Market to notice the value here.

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